Wales has seen an improvement in its economic competitiveness with the majority of its local authority areas moving up an influential UK-wide league table and Blaenau Gwent no longer ranked the worst.
The 2023 UK Competitiveness Index (UKCI), which is compiled by researchers at Cardiff University and Nottingham Business School, assesses the competitiveness of local authority areas, local enterprise partnerships, cities and city regions across England, Wales and Scotland.
Launched back in 2002 the index uses a number of measures for its ranking, including: business start-up rates per 1,000 inhabitants; number of businesses per 1,000 inhabitants; proportion of working age population with NVQ level four or …
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